possible reserves

possible reserves

[′päs·ə·bəl ri′zərvz]
(petroleum engineering)
Primary petroleum reserves that may exist, but available data do not confirm their presence.
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References in periodicals archive ?
In addition to estimated proved reserves, the Company estimates it had probable and possible reserves of 355 MMBoe at December 31, 2014, for total 3P reserves of approximately 477 MMBoe.
Bill Barrett Corporation Reports 2014 Financial and Operating Results and Announces 2015 Operating Plan
Adding in the NPV10 value of the possible reserves would take the total 3P value to $2.
Far East Energy Announces a 32% Increase in SEC Proved Reserves; Production in the First Quarter of 2014 Up 96% Compared to the Same Period in 2013; Standard Chartered Bank Provides a Further 3 Month Extension of the Existing Facility; Form 10K Filed March 31, 2014
Turkey's Directorate General of Mineral Research and Exploration (MTA) carried out a research on possible reserves of Turkey, and said 77 of 90 different types of minerals traded in the world were located in Turkey.
(ECO) TURKEY'S POSSIBLE MINERAL RESERVES AROUND 2.5 TRILLION USD
184 ounces per ton will give the project a four-year life, with remaining possible reserves extending production to 10 years.
Shoal, Cameron Lake properties halted by environmental concerns and price of gold
Through Energen Resources Corporation, the company has approximately 750 million barrels of oil-equivalent proved, probable, and possible reserves.
Energen Investment Community Meetings Slated for February 19-21
Adding in the NPV10% value of the possible reserves would take the total 3P value to $1.
Far East Energy Announces Commencement of the 2013 Drilling Program and 2012 Results
Another 164,000 tons of possible reserves grading at .
Slump in exploration activity in Sioux Lookout
Range has elected not to disclose the Company's probable and possible reserves in its filings with the SEC.
Range Increases Unproved Resource Potential to 48 - 68 Tcfe
Based on the report, estimates of Far East Energy's Proved, Probable and Possible Reserves as of December 31, 2011 were as follows:
Far East Energy Announces Release of Shouyang Block Reserves Report
3 trillion cubic feet of proved, probable and possible reserves to WPX," Hill added.
WPX Energy Makes Discovery in Niobrara Formation
Antero estimates year-end 2011 proved, probable and possible reserves of 17.
Antero Resources Proved Reserves Increase 55% to 5.0 Tcfe
Probable reserves include those additional reserves that a company believes are as likely as not to be recovered and possible reserves include those additional reserves that are less certain to be recovered than probable reserves.
Endeavour Announces Plans to List on the New York Stock Exchange

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